The Ministry of Electricity announced today, Wednesday, the loss of about (7100 megawatts) due to the decrease in the releases of national gas and the supplier operating the production stations.
The ministry said in a statement: “There is a specifica…
Basra Heavy and Medium crude prices recorded a decline this morning, Wednesday, despite the global rise.
Basra Heavy crude prices fell by $1.36 to reach $67.21, and Medium crude prices fell by $1.36 to reach $70.21.
Oil prices rose, amid fears that …
Egypt’s real gross domestic product (GDP) grew 2.4 per cent during the period from July 2023 to March 2024, compared to 4.1 per cent in corresponding period last year, a central bank report showed on Wednesday2/10/2024.
According to the Central Bank …
The Egyptian Cabinet has greenlit a proposal to establish a private free zone named Kingdom for Flax, with an estimated investment of $60 million.
This project, situated in the Developers Zone of Sadat City in the Monufia Governorate, will focus on f…
The cabinet voiced deep concerns about the ongoing developments in Lebanon.
It asserted Egypt’s full solidarity with the Lebanese government and people, pledging to exert all needed efforts to maintain stability, unity of lands and sovereignty of Leb…